National Insurance Contributions (NICs) on Employee Salary
For the 2018/19 tax year Employees NI and Employers NI is only due on weekly income in excess of
the Primary Threshold of £162/week and the Secondary threshold of £162/week respectively.

Dividend Tax on Shareholder Dividends
Dividend income is treated as the ‘top’ band of income for calculating any tax due implying that the
total amount of Dividends and any other income you may have earned (e.g. Salary) determines
which rate of tax you will pay on the Dividends.
As of 6 April 2018 you are entitled to a Dividend Allowance of £2,000. This means that there is no tax
paid on the first £2,000 of dividends received.